Leases (Tables)

12 Months Ended

Dec. 31, 2023

Leases [Abstract]

Lessee Cost

The Company’s costs as a lessee for the years ended December 31, 2023, 2022 and 2021 were as follows (in thousands):

	2023		2022		2021
Operating lease cost	$	4,219	$	3,750	$	3,912
Variable lease cost		253		129		29
Total lease costs	$	4,472	$	3,879	$	3,941

Supplemental Cash Flow Information for Leases

Supplemental cash flow information related to leases for the years ended December 31, 2023, 2022 and 2021 were as follows (in thousands):

	2023		2022		2021
Cash paid for amounts included in the measurement of lease liabilities:
Total cash outflow for leases	$	4,633	$	3,954	$	4,374
Supplemental non-cash information:
Right-of-use assets obtained in exchange for new lease obligations	$	2,783	$	3,021	$	44

Weighted Average Lease Terms and Discount Rates

The weighted average remaining lease term and weighted average discount rate of operating leases at December 31, 2023 and 2022 were as follows:

	2023			2022
Weighted average lease term remaining	14.1 years			14.8 years
Weighted average discount rate		7.2	%		7.2	%

Maturities of Operating Lease Liabilities

The maturities of operating lease liabilities as of December 31, 2023 are as follows (in thousands):

	2023
2024	$	3,858
2025		3,874
2026		3,840
2027		3,661
2028		3,844
Thereafter		42,211
Total lease payments		61,288
Less imputed interest		(25,267	)
Present value of operating lease liabilities	$	36,021